New york life insurance reviews7/28/2023 ![]() Unfortunately, some 175 years after the company was founded it is still doing so. The company’s total assets under management are nearly $572.3 billion.Īs America’s largest mutual life insurer and with strong financial ratings from all of the major credit rating agencies, New York Life should never deny valid insurance claims. 71, with revenues exceeding $43.4 billion and profits of $880 million. In a recent Fortune 500 report, the business was ranked No. The organization is comprised of the New York Life Insurance Company and New York Life Insurance and Annuity Corporation brands. With a brand dating back almost 200 years, New York Life has managed to become one of the largest companies in the country and globally. If New York Life denied your long-term care claim, call us at (877) 664-5407, and we will see if we can help you get the long-term care help that you need and deserve.Ībout New York Life Insurance – a Fortune 100 Giant As a result of those lawsuits, Donahue & Horrow’s clients were able to secure very generous settlements to pay for the long-term care they needed and were entitled to all along. Donahue & Horrow knows this because the firm has repeatedly sued New York Life for failing to properly approve valid long-term care claims. New York Life’s long-term claim denial rate has been particularly high when the policy was sold by Los Angeles-base insurance agent Granville Elliott. Unfortunately, it has also quickly denied claims from individuals who filed legitimate long-term care claims. Recently, New York Life has sold thousands of long-term care policies. The cost for such assistance can escalate quickly, but thankfully, insurance companies offer long-term care insurance for this exact situation. Often, a person must rely on a family member or hired help to assist in the performance of these basic tasks. For example, bathing, dressing, eating, transferring and even toileting. When that happens, an individual must rely on the assistance of others to perform daily tasks that the able-bodied take for granted. One of the unfortunate realities of aging is that medical problems can rob a person of his or her independence. New York Life’s History of Denying Long-Term Care Claims ![]() We know the playbook on how to take on the industry giants that have failed to look out for everyday policyholders like you.Ĭall us today if you think that you’ve been treated unfairly or unethically by New York Life: (877) 664-5407. We’re a Los Angeles-based law firm that has an experienced legal team who has successfully secured millions of dollars for our clients for their denied long-term care and long-term disability claims against countless insurance companies, including New York Life. ![]() If you’re one of many policyholders dealing with the headache and frustration of an undervalued, delayed, or outright denied insurance claim, Donahue & Horrow is here to help you get your life back on track. New York Life Insurance Company’s history can be traced back 175 years, and during that time, the company has developed a track record of fighting policyholders over their legitimate insurance claims. Has New York Life Denied Your Disability or Long-Term Care Insurance Claim? ApApDonahue & Horrow, LLP
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